XML 58 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Outstanding Derivative Instruments

The fair value of the Company’s outstanding derivative instruments is as follows:

 

     September 30,      December 31,  
     2015      2014  
     (Unaudited)      (Audited)  

Derivative assets:

      

Derivatives designated as cash flow hedging instruments:

      

Foreign exchange option contracts

    $ 4       $ —     

Foreign exchange forward contracts

      11         —     
  

 

 

     

 

 

  

Total

    $ 15       $ —     
  

 

 

     

 

 

  

Derivative liabilities:

      

Derivatives designated as cash flow hedging instruments:

      

Foreign exchange option contracts

    $ —         $ 52   

Foreign exchange forward contracts

      —           12   
  

 

 

     

 

 

  

Total

    $ —         $ 64   
  

 

 

     

 

 
Increase (Decrease) in Unrealized Gains (Losses) Recognized in "Accumulated Other Comprehensive Income (Loss)" on Derivatives, Before Tax Effect

The increase (decrease) in unrealized gains (losses) recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:

 

     Nine months ended
September 30,		      Three months ended
September 30,		  
     2015      2014      2015      2014  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ 61       $ (198 )     $ (151 )     $ (226 ) 

Foreign exchange forward contracts

      76         (21 )       13         (53 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 137       $ (219 )     $ (138 )     $ (279 ) 
  

 

 

     

 

 

     

 

 

     

 

 
Net (Gains) Losses Reclassified from "Accumulated Other Comprehensive Income (Loss)"

The net (gains) losses reclassified from “accumulated other comprehensive income (loss)” into income are as follows:

 

     Nine months ended
September 30,		      Three months ended
September 30,		  
     2015      2014      2015      2014  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ (5 )     $ 15       $ (64 )     $ 26   

Foreign exchange forward contracts

      (53 )       20         5         33   
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ (58 )     $ 35       $ (59 )     $ 59